GST relief: CBIC introduces PAN-based refund clearances for exporters

The CBIC has allowed clearance of GST refunds based on PAN of exporters if such refunds are held up due to mismatch in GSTIN mentioned in shipping bill and return forms. As much as Rs 14,000 crore worth of refunds due to exporters are stuck because of various reasons and the Central Board of Indirect Taxes and Customs (CBIC) is organising a special refund fortnight from May 31 to June 14 to fast-t…